Biden canceling student debt for more than 160,000 borrowers
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Biden administration cancels $7.7 billion in student debt for 160,500 people. Here's who qualifies.
The White House on Wednesday said it has approved $7.7 billion of student debt cancellation for 160,500 borrowers, part of its ongoing effort to provide relief after the Supreme Court last year blocked President Joe Biden's plan for broad-based college loan forgiveness. With the latest round of forgiveness, the administration has erased a total of $167 billion in student loans for 4.75 million people, or about 1 in 10 student loan borrowers, the Department of Education said. The people who...
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160,500 more student-loan borrowers are getting $7.7 billion in 'much needed' debt cancellation
The latest student-loan forgiveness announcement means that more than one out of every 10 federal borrowers has now been approved for debt relief.
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Washington Roundup: Senate border bill fails again; Trump’s FBI claims; Biden nixes student debt
WASHINGTON (OSV News) — Senate Democrats failed to advance a bipartisan border security bill May 23 for the second time in a matter of months. The same week, top law enforcement officials pushed back on a claim made by former President Donald Trump, the presumptive Republican nominee, about the FBI search of his Mar-a-Lago property […] The post Washington Roundup: Senate border bill fails again; Trump’s FBI claims; Biden nixes student debt first appeared on OSV News.